Forex
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EUR/JPY: Bullish outlook remains in play near 164.50
EUR/JPY loses traction to around 164.40 in Wednesday’s early European session. The positive view of the cross prevails above the…
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AUD/JPY trades with modest losses above 95.00, remains close to two-month top set on Tuesday
AUD/JPY retreats from a nearly two-month high set on Tuesday amid notable JPY strength. Bets that the BoJ will hike…
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USD/CHF breaks below 0.8400, downside appears limited due to dovish SNB policy outlook
USD/CHF could come under pressure amid rising expectations of additional monetary easing by the Swiss National Bank. The Swiss Franc’s…
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USD/INR drifts lower as tensions between India and Pakistan ease
Indian Rupee edges higher in Wednesday’s early European session. Trade deals made between US and China, and cessation of military…
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EUR/USD strengthens to near 1.1200 as risk appetite returns
EUR/USD trades in positive territory near 1.1195 in Wednesday’s Asian session. US CPI inflation came in slightly below estimates in…
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AUD holds gains as US Dollar struggles due to improved risk sentiment
The Australian Dollar holds ground as the US Dollar weakened following softer-than-expected US inflation data. Australia’s Wage Price Index rose…
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JPY builds on steady intraday ascent and drags USD/JPY to 147.00 mark
The Japanese Yen strengthens against the USD for the second straight day on Wednesday. The prospects for further policy normalization…
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NZD/USD advances to near 0.5950 as US Dollar weakens on soft inflation data
NZD/USD appreciated as April’s figures mark a new three-year low for annual headline inflation. US President Donald Trump described the…
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GBP/USD maintains position above 1.3300 after strong gains, focus turns to key UK, US data
GBP/USD may lose ground as the British Pound (GBP) faces headwinds from cooling employment and moderating wage growth in the…
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Trade of The Day – USD/CHF
USDCHF bounced off key support at 0.8403 The pair is trading in an upward channel from 7th of May Recommendation: Trade:…
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